Signio volumes recovering to pre-Covid levels

Confirmed vehicle financed deals through the Signio platform are showing signs of recovering to pre-Covid levels.

In 2019 the monthly average of these financed sales was around 24 800 deals, of which 33% were classified as new and 67% as used. In 2020 this monthly average number dropped to 17 200, but by the end of 2022 had recovered to an average of 22 000 deals/month, 30% new and 70% used.

Average financed sales recorded through Signio for the first three months of 2023 amounted to 21 300 deals/month. This is 4% down on January-March 2022, but 10% up on the same window in 2020.

Average monthly sales volumes through Signio year-to-date March

The average number of deals for each dealership in March 2023 was marginally down on 2022, with 10.6 new financed deals/dealership (11.3 in 2022) and 13 used deals (13.3 in 2022). The March 2023 numbers were, however, the best recorded so far this year.

Average sales per dealer through Signio